Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
May 8, 2026
Company name: | Hosiden Corporation | |||||
Listing: | Tokyo Stock Exchange | |||||
Securities code: | 6804 | |||||
URL: | https://www.hosiden.com/index.html | |||||
Representative: | Kenji Furuhashi, President and CEO | |||||
Inquiries: | Tadamichi Tani, General Manager of President Office | |||||
Telephone: | +81-72-993-1010 | |||||
Scheduled date of annual general meeting of shareholders: | June 25, 2026 | |||||
Scheduled date to commence dividend payments: | June 26, 2026 | |||||
Scheduled date to file annual securities report: | June 24, 2026 | |||||
Preparation of supplementary material on financial results: | Yes | |||||
Holding of financial results briefing: | Yes (for institutional investors and securities analysts) | |||||
(Yen amounts are rounded down to millions, unless otherwise noted.)
Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
Consolidated operating results (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Fiscal year ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
March 31, 2026
448,250
81.1
19,236
41.7
24,644
66.8
16,206
61.5
March 31, 2025
247,571
13.1
13,573
5.0
14,776
(18.6)
10,037
(13.7)
Note: Comprehensive income
For the fiscal year ended March 31, 2026:
¥
17,418 million [
61.6%]
For the fiscal year ended March 31, 2025:
¥
10,779 million [
(26.7) %]
Basic earnings per share
Diluted earnings per share
Rate of return on equity
Ordinary profit to total assets ratio
Operating profit to net sales ratio
Fiscal year ended
Yen
Yen
%
%
%
March 31, 2026
322.65
300.45
11.2
11.9
4.3
March 31, 2025
194.76
181.88
7.3
7.9
5.5
Reference: Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended March 31, 2026:
¥
- million
For the fiscal year ended March 31, 2025:
¥
- million
Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
Net assets per share
As of
Millions of yen
Millions of yen
%
Yen
March 31, 2026
215,281
150,243
69.8
3,051.70
March 31, 2025
200,279
140,317
70.1
2,757.39
Reference: Equity
As of March 31, 2026:
¥
150,243 million
As of March 31, 2025:
¥
140,317 million
(3) Consolidated cash flows
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at end of period
Fiscal year ended
Millions of yen
Millions of yen
Millions of yen
Millions of yen
March 31, 2026
34,538
(6,376)
(8,636)
66,050
March 31, 2025
(18,228)
(5,931)
(5,312)
46,769
Cash dividends
Annual dividends per share
Total cash dividends (Total)
Payout ratio (Consolidated)
Ratio of dividends to net assets (Consolidated)
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Millions of yen
%
%
Fiscal year ended
-
19.00
-
40.00
59.00
3,026
30.1
2.2
March 31, 2025
Fiscal year ended
-
25.00
-
73.00
98.00
4,866
30.0
3.3
March 31, 2026
Fiscal year ending March 31, 2027
(Forecast)
-
39.00
-
38.00
77.00
30.3
(Note) Revision of cash dividend forecast most recently announced: Yes
For the year-end dividend for the fiscal year ended March 31, 2026, please refer to the "Notice Regarding Dividends of Surplus" published today, on May 8, 2026.
Consolidated financial result forecasts for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | |
Six months ending September 30, 2026 | 238,000 | (3.0) | 9,600 | 18.5 | 9,100 | (5.1) | 6,400 | 4.8 | 129.99 |
Full year | 436,000 | (2.7) | 18,000 | (6.4) | 18,000 | (27.0) | 12,500 | (22.9) | 253.90 |
Financial results forecasts are based on the assumption of a foreign exchange rate of 155 yen per U.S. dollar.
* Notes
(1) Significant changes in the scope of consolidation during the period: | None | ||
Newly included: | - | companies( | ) |
Excluded: | - | companies( | ) |
(2) Changes in accounting policies, changes in accounting estimates, and restatement | |||||
(i) | Changes in accounting policies due to revisions to accounting standards and other regulations: | None | |||
(ii) | Changes in accounting policies due to other reasons: | None | |||
(iii) | Changes in accounting estimates: | None | |||
(iv) | Restatement: | None | |||
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2026 | 58,502,584 | shares |
As of March 31, 2025 | 60,164,784 | shares |
(ii) | Number of treasury shares at the end of the period | ||
As of March 31, 2026 | 9,269,912 | shares | |
As of March 31, 2025 | 9,277,041 | shares |
(iii) Average number of shares outstanding during the period
Fiscal Year ended March 31, 2026 | 50,230,325 | shares |
Fiscal Year ended March 31, 2025 | 51,534,863 | shares |
[Reference] Overview of non-consolidated financial results
Non-consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
Non-consolidated operating results (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit
Fiscal year ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
March 31, 2026
395,013
113.9
11,980
99.7
16,963
98.3
11,622
73.7
March 31, 2025
184,699
12.8
6,000
(20.6)
8,555
(32.4)
6,689
(12.3)
Basic earnings per share
Diluted earnings per share
Fiscal year ended
Yen
Yen
March 31, 2026
231.38
215.36
March 31, 2025
129.81
121.14
Non-consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
Net assets per share
As of
Millions of yen
Millions of yen
%
Yen
March 31, 2026
166,461
99,913
60.0
2,029.41
March 31, 2025
151,201
94,490
62.5
1,856.83
Reference: Equity
As of March 31, 2026:
¥
99,913 million
As of March 31, 2025:
¥
94,490 million
Notes: 1. Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation.
Explanation on proper use of earnings forecasts, and other special matters
The forward-looking statements about the future financial results of this document are future forecasts based on the judgment of Hosiden Corporation (the "Company") taking into account the information currently available, and the Company does not intend to make a warranty of their achievement. These forward-looking statements contain various potential risks and uncertainties, and actual results may be materially different from the forward-looking statements due to various material factors. Therefore, the Company asks not to depend highly on these forward-looking statements.
(Means of access to supplementary material on financial results and contents of financial results briefing)
The materials to be used in the financial result briefing will be available on the Company's website.
Consolidated financial statements and significant notes thereto Consolidated balance sheets(Millions of yen) | ||
As of March 31, 2025 | As of March 31, 2026 | |
Assets | ||
Current assets | ||
Cash and deposits | 59,564 | 77,685 |
Notes receivable - trade | 3 | - |
Accounts receivable - trade | 31,918 | 25,813 |
Electronically recorded monetary claims - operating | 1,220 | 1,022 |
Securities | - | 697 |
Merchandise and finished goods | 8,220 | 7,676 |
Work in process | 3,207 | 4,478 |
Raw materials and supplies | 61,897 | 57,628 |
Trade accounts receivable | 1,170 | 1,759 |
Other | 4,496 | 4,878 |
Allowance for doubtful accounts | (182) | (176) |
Total current assets | 171,516 | 181,466 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 22,510 | 23,006 |
Accumulated depreciation and impairment | (15,663) | (16,857) |
Buildings and structures, net | 6,847 | 6,149 |
Machinery, equipment and vehicles | 27,614 | 30,895 |
Accumulated depreciation and impairment | (22,600) | (23,760) |
Machinery, equipment and vehicles, net | 5,013 | 7,135 |
Land | 3,019 | 3,027 |
Construction in progress | 874 | 2,130 |
Other | 31,340 | 27,575 |
Accumulated depreciation and impairment | (27,492) | (24,501) |
Other, net | 3,847 | 3,073 |
Total property, plant and equipment | 19,602 | 21,516 |
Intangible assets | 508 | 699 |
Investments and other assets | ||
Investment securities | 7,228 | 8,079 |
Retirement benefit asset | - | 2,148 |
Deferred tax assets | 626 | 662 |
Other | 1,052 | 975 |
Allowance for doubtful accounts | (254) | (267) |
Total investments and other assets | 8,652 | 11,599 |
Total non-current assets | 28,763 | 33,815 |
Total assets | 200,279 | 215,281 |
(Millions of yen) | ||
As of March 31, 2025 | As of March 31, 2026 | |
Liabilities | ||
Current liabilities | ||
Accounts payable - trade | 34,092 | 33,338 |
Electronically recorded obligations - operating | 1,546 | 1,252 |
Short-term borrowings | 1,050 | - |
Income taxes payable | 2,127 | 6,322 |
Provision for bonuses for directors (and other officers) | 151 | 168 |
Provision for loss on liquidation of subsidiaries and associates | - | 766 |
Other | 6,269 | 7,076 |
Total current liabilities | 45,236 | 48,924 |
Non-current liabilities | ||
Bonds with share acquisition rights | 10,190 | 10,161 |
Deferred tax liabilities | 2,397 | 3,042 |
Retirement benefit liability | 1,497 | 2,278 |
Other | 640 | 630 |
Total non-current liabilities | 14,725 | 16,133 |
Total liabilities | 59,962 | 65,038 |
Net assets | ||
Shareholders' equity | ||
Share capital | 13,660 | 13,660 |
Capital surplus | 19,596 | 19,596 |
Retained earnings | 112,257 | 122,641 |
Treasury shares | (12,393) | (14,063) |
Total shareholders' equity | 133,120 | 141,835 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 3,464 | 4,758 |
Foreign currency translation adjustment | 2,922 | 2,560 |
Remeasurements of defined benefit plans | 809 | 1,089 |
Total accumulated other comprehensive income | 7,196 | 8,408 |
Total net assets | 140,317 | 150,243 |
Total liabilities and net assets | 200,279 | 215,281 |
(Millions of yen) | ||
For the fiscal year ended March 31, 2025 | For the fiscal year ended March 31, 2026 | |
Net sales | 247,571 | 448,250 |
Cost of sales | 224,422 | 419,082 |
Gross profit | 23,148 | 29,168 |
Selling, general and administrative expenses | 9,575 | 9,932 |
Operating profit | 13,573 | 19,236 |
Non-operating income | ||
Interest income | 968 | 970 |
Dividend income | 164 | 193 |
Foreign exchange gains | 45 | 4,182 |
Other | 131 | 118 |
Total non-operating income | 1,309 | 5,465 |
Non-operating expenses | ||
Interest expenses | 34 | 45 |
Bond issuance costs | 64 | - |
Other | 8 | 11 |
Total non-operating expenses | 107 | 57 |
Ordinary profit | 14,776 | 24,644 |
Extraordinary income | ||
Gain on sale of non-current assets | 14 | 9 |
Gain on sale of golf club membership | 4 | - |
Gain on liquidation of subsidiaries | - | 5 |
Total extraordinary income | 18 | 15 |
Extraordinary losses | ||
Loss on sale and retirement of non-current assets | 8 | 29 |
Loss on valuation of investment securities | 123 | 103 |
Impairment losses | 432 | 907 |
Provision for loss on liquidation of subsidiaries and associates | - | 723 |
Other | 0 | - |
Total extraordinary losses | 565 | 1,764 |
Profit before income taxes | 14,229 | 22,894 |
Income taxes - current | 3,876 | 6,949 |
Income taxes - deferred | 315 | (261) |
Total income taxes | 4,192 | 6,687 |
Profit | 10,037 | 16,206 |
Profit attributable to non-controlling interests | - | - |
Profit attributable to owners of parent | 10,037 | 16,206 |
(Millions of yen) | ||
For the fiscal year ended March 31, 2025 | For the fiscal year ended March 31, 2026 | |
Profit | 10,037 | 16,206 |
Other comprehensive income | ||
Valuation difference on available-for-sale securities | (35) | 1,293 |
Foreign currency translation adjustment | 650 | (361) |
Remeasurements of defined benefit plans, net of tax | 128 | 279 |
Total other comprehensive income | 742 | 1,211 |
Comprehensive income | 10,779 | 17,418 |
Comprehensive income attributable to | ||
Comprehensive income attributable to owners of parent | 10,779 | 17,418 |
Comprehensive income attributable to non-controlling interests | - | - |
Consolidated Statement of Changes in Equity For the fiscal year ended March 31, 2025
(Millions of yen) | |||||
Shareholders' equity | |||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | |
Balance at beginning of period | 13,660 | 19,596 | 106,744 | (11,584) | 128,417 |
Changes during period | |||||
Dividends of surplus | (3,264) | (3,264) | |||
Profit attributable to owners of parent | 10,037 | 10,037 | |||
Purchase of treasury shares | (3,000) | (3,000) | |||
Disposal of treasury shares | 404 | 528 | 932 | ||
Cancellation of treasury shares | (404) | (1,259) | 1,663 | - | |
Net changes in items other than shareholders' equity | |||||
Total changes during period | - | - | 5,512 | (808) | 4,703 |
Balance at end of period | 13,660 | 19,596 | 112,257 | (12,393) | 133,120 |
Accumulated other comprehensive income | Total net assets | ||||
Valuation difference on available-for-sale securities | Foreign currency translation adjustment | Remeasurements of defined benefit plans | Total accumulated other comprehensive income | ||
Balance at beginning of period | 3,500 | 2,272 | 680 | 6,453 | 134,870 |
Changes during period | |||||
Dividends of surplus | (3,264) | ||||
Profit attributable to owners of parent | 10,037 | ||||
Purchase of treasury shares | (3,000) | ||||
Disposal of treasury shares | 932 | ||||
Cancellation of treasury shares | - | ||||
Net changes in items other than shareholders' equity | (35) | 650 | 128 | 742 | 742 |
Total changes during period | (35) | 650 | 128 | 742 | 5,446 |
Balance at end of period | 3,464 | 2,922 | 809 | 7,196 | 140,317 |
For the fiscal year ended March 31, 2026
(Millions of yen) | |||||
Shareholders' equity | |||||
Share capital | Capital surplus | Retained earnings | Treasury shares | Total shareholders' equity | |
Balance at beginning of period | 13,660 | 19,596 | 112,257 | (12,393) | 133,120 |
Changes during period | |||||
Dividends of surplus | (3,307) | (3,307) | |||
Profit attributable to owners of parent | 16,206 | 16,206 | |||
Purchase of treasury shares | (4,201) | (4,201) | |||
Disposal of treasury shares | 6 | 10 | 17 | ||
Cancellation of treasury shares | (6) | (2,514) | 2,521 | - | |
Net changes in items other than shareholders' equity | |||||
Total changes during period | - | - | 10,384 | (1,669) | 8,714 |
Balance at end of period | 13,660 | 19,596 | 122,641 | (14,063) | 141,835 |
Accumulated other comprehensive income | Total net assets | ||||
Valuation difference on available-for-sale securities | Foreign currency translation adjustment | Remeasurements of defined benefit plans | Total accumulated other comprehensive income | ||
Balance at beginning of period | 3,464 | 2,922 | 809 | 7,196 | 140,317 |
Changes during period | |||||
Dividends of surplus | (3,307) | ||||
Profit attributable to owners of parent | 16,206 | ||||
Purchase of treasury shares | (4,201) | ||||
Disposal of treasury shares | 17 | ||||
Cancellation of treasury shares | - | ||||
Net changes in items other than shareholders' equity | 1,293 | (361) | 279 | 1,211 | 1,211 |
Total changes during period | 1,293 | (361) | 279 | 1,211 | 9,926 |
Balance at end of period | 4,758 | 2,560 | 1,089 | 8,408 | 150,243 |
(Millions of yen) | ||
For the fiscal year ended March 31, 2025 | For the fiscal year ended March 31, 2026 | |
Cash flows from operating activities | ||
Profit before income taxes | 14,229 | 22,894 |
Depreciation | 3,540 | 4,808 |
Impairment losses | 432 | 907 |
Increase (decrease) in allowance for doubtful accounts | 140 | (38) |
Increase (decrease) in retirement benefit liability | (627) | 1,150 |
Interest and dividend income | (1,132) | (1,164) |
Interest expenses | 34 | 45 |
Loss (gain) on sale and retirement of non-current assets | (5) | 20 |
Loss (gain) on valuation of investment securities | 123 | 103 |
Loss (gain) on liquidation of subsidiaries | - | (5) |
Increase (decrease) in provision for loss on liquidation of subsidiaries and associates | - | 723 |
Decrease (increase) in trade receivables | (10,032) | 6,619 |
Decrease (increase) in inventories | (40,172) | 4,052 |
Decrease (increase) in operating accounts receivable | 17 | (566) |
Decrease (increase) in other assets | (1,667) | (473) |
Increase (decrease) in trade payables | 20,912 | (1,436) |
Increase (decrease) in other liabilities | 91 | 673 |
Other, net | 451 | (1,905) |
Subtotal | (13,665) | 36,452 |
Interest and dividends received | 1,086 | 1,107 |
Interest paid | (31) | (44) |
Income taxes paid | (5,617) | (2,977) |
Net cash provided by (used in) operating activities | (18,228) | 34,538 |
Cash flows from investing activities | ||
Payments into time deposits | (15,048) | (16,795) |
Proceeds from withdrawal of time deposits | 12,629 | 14,463 |
Income from refund of long-term deposits | 3,000 | 3,500 |
Purchase of property, plant and equipment | (6,262) | (7,555) |
Proceeds from sale of property, plant and equipment | 78 | 29 |
Purchase of investment securities | (149) | - |
Proceeds from redemption of investment securities | - | 300 |
Purchase of intangible assets | (255) | (354) |
Other, net | 75 | 35 |
Net cash provided by (used in) investing activities | (5,931) | (6,376) |
Cash flows from financing activities | ||
Net increase (decrease) in short-term borrowings | - | (1,050) |
Redumption of bonds with share acquisition rights | (9,085) | - |
Proceeds from issuance of bonds with share acquisition rights | 10,135 | - |
Purchase of treasury shares | (3,000) | (4,201) |
Dividends paid | (3,264) | (3,307) |
Other, net | (97) | (76) |
Net cash provided by (used in) financing activities | (5,312) | (8,636) |
Effect of exchange rate change on cash and cash equivalents | (420) | (244) |
Net increase (decrease) in cash and cash equivalents | (29,892) | 19,280 |
Cash and cash equivalents at beginning of period | 76,662 | 46,769 |
Cash and cash equivalents at end of period | 46,769 | 66,050 |
Net sales, profit or loss, assets and other items by reportable segment
Previous fiscal year (from April 1, 2024 to March 31, 2025)
(Millions of yen)
Reportable segments | Adjustments or company-wide (Note 1) | Amounts in consolidated financial statements (Note 2) | ||||
Electro-mechanical components | Acoustic components | Applied equipment and other | Total | |||
Net sales | ||||||
Sales to unaffiliated customers | 212,542 | 20,997 | 14,031 | 247,571 | - | 247,571 |
Inter-segment sales and transfers | - | - | - | - | - | - |
Total | 212,542 | 20,997 | 14,031 | 247,571 | - | 247,571 |
Segment profit | 10,696 | 1,851 | 1,025 | 13,573 | - | 13,573 |
Segment assets | 113,592 | 13,589 | 4,771 | 131,954 | 68,324 | 200,279 |
Other items | ||||||
Depreciation | 2,740 | 509 | 290 | 3,540 | - | 3,540 |
Increase in property, plant and equipment and intangible assets | 5,261 | 732 | 439 | 6,434 | 299 | 6,733 |
Notes: 1. The adjustments are as follows:
The company-wide assets of 68,324 million yen for segment assets include cash and deposits, securities, investment securities and deferred tax assets, etc.
Of the increase in property, plant and equipment and intangible assets, 299 million yen is company-wide assets that are not allocated to each reportable segment.
The total amount of segment profit is equal to the operating profit in the consolidated statements of income.
Current fiscal year (from April 1, 2025 to March 31, 2026)
(Millions of yen)
Reportable segments
Adjustments or company-
wide (Note 1)
Amounts in consolidated financial
statements (Note 2)
Electro-mechanical components
Acoustic components
Applied equipment and other
Total
Net sales
Sales to unaffiliated customers
414,284
19,431
14,535
448,250
-
448,250
Inter-segment sales and transfers
-
-
-
-
-
-
Total
414,284
19,431
14,535
448,250
-
448,250
Segment profit
16,973
1,586
675
19,236
-
19,236
Segment assets
109,234
12,415
5,657
127,357
87,924
215,281
Other items
Depreciation
3,813
625
370
4,808
-
4,808
Increase in property, plant and
equipment and intangible assets
6,232
708
479
7,420
446
7,866
Notes: 1. The adjustments are as follows:
The company-wide assets of 87,924 million yen for segment assets include cash and deposits, securities, investment securities and deferred tax assets, etc.
Of the increase in property, plant and equipment and intangible assets, 446 million yen is company-wide assets that are not allocated to each reportable segment.
The total amount of segment profits equal to the operating profit in the consolidated statements of income.
Changes in reporting segments
Due to a partial change in the performance management classifications of the Company's group, starting from this consolidated fiscal year, the reporting segments of the Company's group now include the previously separate "the display components" under "the applied equipment and other". The Company revised the segment classification of some product in line with this change. Furthermore, the segment information for the previous consolidated fiscal year has been presented based on the revised classification method.